secwatch.observer — SEC 8-K summary
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Issuer:     SusGlobal Energy Corp. (SNRG)
CIK:        0001652539
Form:       8-K
Filed at:   2023-06-15T23:59:59+00:00
Accession:  0001062993-23-013567
Event type: debt
Sentiment:  negative
Materiality: 0.85
Item codes: 2.04
LLM model:  deepseek-v4-flash:cloud@v2

SusGlobal Energy receives default notice on $4.9M promissory notes due to conversion failure
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- New default notice on June 8, 2023 because holders could not receive common shares under conversion terms.
- Total owed: $4,892,946, comprising $1.3M (Oct 2021 note), $3.168M (March 2022 notes), and $424,946 accrued interest.
- Cure periods have expired; notes are past due and in default.
- Prior August 2022 default was cured by amendment in September 2022; current default remains uncured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652539/000106299323013567/0001062993-23-013567-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652539/000106299323013567/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-013567

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